Dakota Growers Pasta Company Authorizes Dividend Carrington, ND (December 20, 2006) CARRINGTON, N.D., Dec. 20 /PRNewswire/ -- The Board of Directors of Dakota Growers Pasta Company, Inc. has authorized the payment of a non-periodic dividend of $0.14 per share on its Common Stock and a $0.01 per share dividend on its Series D Delivery Preferred Stock, both payable on January 3, 2007 to shareholders of record as of December 20, 2006. The Company continued its positive earnings trend, posting net earnings per basic common share of $0.30 per share for the year ended July 31, 2006, compared to $0.19 per common share in fiscal 2005. Dakota Growers Pasta Company, Inc., headquartered in Carrington, North Dakota, is the third largest manufacturer and marketer of dry pasta products in North America and the manufacturer and distributor of Dreamfields(TM) Healthy Carb Living Pasta. Dreamfields pasta is an excellent source of fiber, has five grams of digestible carbohydrates and a 65% lower glycemic index as compared to regular pasta. The information contained in this press release contains forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and these factors are enumerated in the Company's periodic filings with the Securities and Exchange Commission, available at http://www.sec.gov . Source: Dakota Growers Pasta Company